Munich, January 10, 2018: BayWa r.e., a global renewable energy developer, service supplier, wholesaler and energy solutions provider, announced that it has sold its Californian Wagner wind park to the renewables operator Greenbacker Renewable Energy Company, LLC.
The 6 MW wind project was developed, constructed and operated in-house and was placed-in service in December 2012. The project is selling its energy and renewable certificates under a long term 20- year power purchase agreement to the City of Riverside.
The two Vestas V90 3 MW project are still the largest generators deployed in the Palm Springs wind corridor, which is widely considered the birth place of the U.S. wind energy market. Earlier in the year, the Company sold its nearby 46,5 MW project as well as its 25 MW project in October.
“The sale of our Wagner Wind project rounds up a successful year for our U.S. Wind business and is the third project sold in 2017. We are preparing the next projects for construction and are looking forward to transact with buyers and sellers on exciting projects,” says Florian Zerhusen, CEO of BayWa r.e. Wind LLC.
BayWa r.e. renewable energy GmbH (BayWa r.e.):
As a full subsidiary of BayWa AG, BayWa r.e. renewable energy GmbH groups together the activities of the solar energy, wind energy, bioenergy and geothermal energy business units. With headquarters in Munich, BayWa r.e. is active worldwide. As a full service partner with around 1,300 employees and more than 25 years of market experience, BayWa r.e. provides consulting services and develops, implements and manages projects in the area of renewable energies. The company also covers plant operation and maintenance. Other business activities encompass photovoltaic component trade and the purchase and marketing of energy from renewable sources.
Its parent company, BayWa AG, is an international trade and services company with the core segments of agriculture, energy and building materials.
